dongonzalos
Well-Known Member
http://www.coventrytelegraph.net/news/coventry-news/coventry-city-bidder-michael-byngs-4051290
I think it shows these guys have big money to invest in the West Midlands (£1.3bn so I read). I think they see the acquisition of the football club as a way to gain credibility in the City and surrounding communities. The success of said football club would increase their standing locally, bear in mind in Asian culture, loss of face is a major no no.
I wonder as it seems the Byng and Haskell consortiums do not appear to have clashing business interests, whether they could find common ground to overcome the big initial hurdle which is to get rid of SISU. I think it will require someone to write a cheque out with a lot of 0's on the end to do this.
What is also interesting is that the big players in the situation (JS for SISU, not Fisher he's employed by a big player, the Administrator, the Football League and the 2 known bidders have been relatively quiet this last week. Was there any reason given for the extension of the deadline ? It would not surprise me if there have been contacts or talks going on behind the scenes, the 2 known bidders are extremely rich, successful business people who didn't get where they are by waiting for things to happen, they make them happen.
Well, let's hope so, and we can get positive news within a week or so.
This scenario is too exciting to contemplate, and as such, I refuse to contemplate it, and will continue to believe that SISU will carry on killing our Club forever more until it 100% official that they have fucked off. Even then I'll still be suspicious that they haven't got some evil plan up their sleeve.
I think it shows these guys have big money to invest in the West Midlands (£1.3bn so I read). I think they see the acquisition of the football club as a way to gain credibility in the City and surrounding communities. The success of said football club would increase their standing locally, bear in mind in Asian culture, loss of face is a major no no.
I wonder as it seems the Byng and Haskell consortiums do not appear to have clashing business interests, whether they could find common ground to overcome the big initial hurdle which is to get rid of SISU. I think it will require someone to write a cheque out with a lot of 0's on the end to do this.
What is also interesting is that the big players in the situation (JS for SISU, not Fisher he's employed by a big player, the Administrator, the Football League and the 2 known bidders have been relatively quiet this last week. Was there any reason given for the extension of the deadline ? It would not surprise me if there have been contacts or talks going on behind the scenes, the 2 known bidders are extremely rich, successful business people who didn't get where they are by waiting for things to happen, they make them happen.
Well, let's hope so, and we can get positive news within a week or so.
... and they could probably buy Coventry City (Holdings) Limited and pay off all it's debts with the small change out of its back pocket -- small price to pay for such an opportunity for them.
... and they could probably buy Coventry City (Holdings) Limited and pay off all it's debts with the small change out of its back pocket -- small price to pay for such an opportunity for them.
Development of the Ricoh area alongside the expansion of the airport etc. would be a nice opportunity as well.
Can't see any deal without Sisu involvement though, at best a timed buyout or something similar.
Interesting that the day after this story broke, councillors changed their opposition to the H2H.
http://www.skybluestalk.co.uk/threa...ditches-opposition-to-HS2?p=454848#post454848
Yep, but will people buy in to that or will #notonepennymore jeopardise that kind of deal?
It is the Ricoh that attracts them. As it will have its own Station. They will not be interested in CCFC at Brandon.
It is not the Ricoh or the station that attracts them. It is all about influencing the right people to get a foothold in the W Midlands.
I think HS2 is a complete waste of time so I don't know where to stand on this!
It is the Ricoh that attracts them. As it will have its own Station. They will not be interested in CCFC at Brandon.
Like you said it's the Ricoh not ccfc that interests them, they may still go ahead without ccfc or any intention of having a football club there. .
It's the rail infrastructure that interests them, everything else is a sweetener.
Like you said it's the Ricoh not ccfc that interests them, they may still go ahead without ccfc or any intention of having a football club there. .